NOT LISTED FOR SALE

318 Majorca Ave Unit 202 Coral Gables, FL 33134

Coral Gables Section Neighborhood

Estimated Value: $296,762 - $332,000

1 Bed
1 Bath
653 Sq Ft
1964 Built

Last Sold April 13, 2023

Last sale price $251,500 $385 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,971/month

79 Days on Market

Highlights

  • Soaking Tub in Primary Bathroom
  • Garden View
  • Community Pool
  • Coral Gables Preparatory Academy Rated A-
  • L-Shaped Dining Room
  • Elevator

About This Home

As of April 2023

It's all about location!!!!! Charming 1/1 in the heart of downtown Coral Gables, blocks away of fine dining, entertainment, shops and trolley stop. Rarely available spacious condo features tiles throughout and 1 assigned parking space. Bella Majorca is a boutique building with only 21 units that offers pool, elevator, on site laundry facilities and low maintenance fee. Urban living at it's best!!!!

Last Agent to Sell the Property

Maria Theresa Lage

Shelton and Stewart REALTORS License #0607192 Listed on: 01/06/2023

Shelton and Stewart REALTORS

Last Buyer's Agent

Maria Theresa Lage

Shelton and Stewart REALTORS License #0607192 Listed on: 01/06/2023

Shelton and Stewart REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,928

Year Built

  • Built in 1964

Lot Details

  • Fenced

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 653 Sq Ft Home
  • 3-Story Property
  • Awning
  • L-Shaped Dining Room
  • Tile Flooring
  • Garden Views
  • Electric Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Soaking Tub in Primary Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 03-41-08-104-0050

Community Details

Overview

  • Property has a Home Owners Association
  • Low-Rise Condominium
  • Bella Majorca Condo
  • Bella Majorca Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Additional Features

  • Maintenance Expense $373
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,928

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1964
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: BELLA MAJORCA CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 653
  • Possible Use: Primary
  • Stories: 3
  • Window Features: Awning
  • Bedroom Features: Entry Level
  • Dining Room Features: L Shaped Dining
  • Master Bathroom Features: Tub Only

Exterior Features

  • View: Garden View
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: BELLA MAJORCA CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes
  • Security: Complex Fenced

Condo/Co-op/Association

  • Amenities: Laundry, Elevator(s), Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 03-41-08-104-0050
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 373

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2928

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Apr 3, 2023
Sold by
Jacoborio Holdings Llc
Bought by
Vazquez Armando
Seller's Agent
Maria Theresa Lage
Shelton and Stewart REALTORS
Buyer's Agent
Maria Theresa Lage
Shelton and Stewart REALTORS
List Price
$260,000
Sold Price
$251,500
Premium/Discount to List
-$8,500
-3.27%
Views
175
Current Estimated Value
$309,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,941
Avg. Annual Appreciation
8.98%
Original Mortgage
$188,625
Outstanding Balance
$183,682
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$125,759

Purchase Details

Closed on
Jan 15, 2014
Sold by
Barreto Felicia
Bought by
Jacoborio Holdings Llc

Purchase Details

Closed on
Dec 22, 2010
Sold by
Copper Realty Inc
Bought by
Sani Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vazquez Armando $251,500 None Listed On Document
Jacoborio Holdings Llc -- Attorney
Sani Llc $35,800 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vazquez Armando $188,625
Previous Owner Sani Real Estate Investments $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2023 04/13/23 Sold $251,500 -3.3% $385 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $260,000 0.0% $398 / Sq Ft
07/31/2020 07/31/20 Rented $1,356 -3.1% --
07/18/2020 07/18/20 Under Contract -- -- --
06/01/2020 06/01/20 For Rent $1,400 +1.8% --
08/06/2018 08/06/18 Rented $1,375 -8.3% --
07/16/2018 07/16/18 Under Contract -- -- --
06/27/2018 06/27/18 For Rent $1,500 +11.1% --
08/08/2017 08/08/17 Rented $1,350 0.0% --
07/31/2017 07/31/17 Under Contract -- -- --
07/24/2017 07/24/17 Price Changed $1,350 -6.9% $2 / Sq Ft
06/20/2017 06/20/17 For Rent $1,450 0.0% --
09/27/2012 09/27/12 Sold $115,000 0.0% $176 / Sq Ft
09/10/2012 09/10/12 Pending -- -- --
09/04/2012 09/04/12 For Sale $115,000 0.0% $176 / Sq Ft
06/01/2012 06/01/12 Rented $1,050 0.0% --
06/01/2012 06/01/12 For Rent $1,050 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,576 $221,843 -- --
2024 $3,425 $233,519 -- --
2023 $3,425 $171,820 $0 $0
2022 $2,928 $156,200 $0 $0
2021 $2,791 $144,600 $0 $0
2020 $2,597 $133,934 $0 $0
2019 $2,682 $138,076 $0 $0
2018 $2,523 $132,765 $0 $0
2017 $2,482 $128,898 $0 $0
2016 $2,531 $128,898 $0 $0
2015 $2,459 $122,760 $0 $0
2014 $2,104 $102,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maria Theresa Lage

    Seller's Agent in 2023

    Maria Theresa Lage

    Shelton and Stewart REALTORS

    (305) 343-7979

    1 in this area

    10 Total Sales

    Maria Theresa Lage
    Section Image
  • Maria Mayoral

    Buyer's Agent in 2018

    Maria Mayoral

    Coldwell Banker Realty

    (305) 793-0077

    24 Total Sales

    Maria Mayoral
    Section Image

  • M

    Seller Co-Listing Agent in 2017

    Maria Saladrigas

    MMLS Assoc.-Inactive Member

    Section Image
  • Rick Mitchell

    Buyer's Agent in 2017

    Rick Mitchell

    Mitchell International Rlty

    (305) 992-4034

    1 in this area

    6 Total Sales

    Rick Mitchell
    Section Image
  • Oscar Arellano

    Seller's Agent in 2012

    Oscar Arellano

    Coldwell Banker Realty

    (305) 877-1781

    12 in this area

    212 Total Sales

    Oscar Arellano
    Section Image

  • R

    Buyer's Agent in 2012

    Rene Rey

    Real Estate Sales Force

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11323328

MIAMI REALTORS® MLS

APN: 03-4108-104-0050

Florida Miami/Dade County Coral Gables 33134 Coral Gables Section

318 Majorca Ave Unit 202, Coral Gables, FL

This home is located at 318 Majorca Ave Unit 202, Coral Gables, FL 33134 since 06 January 2023 and is currently estimated at $309,441, approximately $473 per square foot. This property was built in 1964. 318 Majorca Ave Unit 202 is a home located in Miami-Dade County with nearby schools including Coral Gables Preparatory Academy, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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